C21 Investments Debt-to-Equity Ratio Growth & History (CXXIF)
C21 Investments's debt-to-equity ratio was 0.38 for fiscal 2026.
View full C21 Investments company overviewC21 Investments annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.38 | −0.04 | −9.47% |
| 2025 | 2025-03-31 | 0.42 | 0.08 | +23.25% |
| 2024 · Mar 31 | 2024-03-31 | 0.34 | — | — |
| 2024 · Jan 31 | 2024-01-31 | 0.35 | 0.05 | +17.24% |
| 2023 | 2023-01-31 | 0.29 | −0.02 | −5.91% |
| 2022 | 2022-01-31 | 0.31 | −0.56 | −63.97% |
| 2021 | 2021-01-31 | 0.87 | 0.46 | +110.41% |
| 2020 | 2020-01-31 | 0.41 | 0.04 | +10.14% |
| 2019 | 2019-01-31 | 0.38 | — | — |
C21 Investments quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-03-31 | 0.38 | −0.04 | −9.47% |
| Q4 2026 | 2025-12-31 | 0.41 | — | — |
| Q3 2026 | 2025-09-30 | 0.41 | — | — |
| Q2 2026 | 2025-06-30 | 0.46 | — | — |
| Q4 2025 | 2025-03-31 | 0.42 | 0.08 | +23.25% |
| Q4 2024 · Mar 31 | 2024-03-31 | 0.34 | — | — |
| Q4 2024 · Jan 31 | 2024-01-31 | 0.35 | 0.05 | +17.24% |
| Q4 2023 | 2023-01-31 | 0.29 | — | — |
| Q4 2021 | 2021-01-31 | 0.87 | 0.46 | +110.41% |
| Q4 2020 | 2020-01-31 | 0.41 | 0.04 | +10.14% |
| Q4 2019 | 2019-01-31 | 0.38 | — | — |
C21 Investments debt-to-equity ratio trends
Between the periods ended 2019-01-31 and 2026-03-31, C21 Investments's debt-to-equity ratio increased from 0.38 to 0.38, a change of 0.01. The latest reported quarter, Q4 2026, shows 0.38.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review C21 Investments source filings ↗